Yona Gushiken
Bone ShibaSwap (BONE), the governance token of Shiba Inu’s decentralized exchange (DEX) ShibaSwap and the official gas fee token of the Shibarium blockchain, stands poised for a significant uptick this year, fueled by the latest forecast from a reputable crypto price tracker.
Just days after forecasting that BONE would secure a listing on Binance, one of the largest cryptocurrency exchange platforms by trading volume, Coinpedia Markets, a prominent crypto-tracking platform, has made another bold prediction: Bone ShibaSwap (BONE) is poised to be listed by Coinbase, one of the world’s leading crypto exchanges before the year concludes.
In its latest tweet, Coinpedia Markets not only shared a list of potential crypto assets that could join Coinbase’s roster this year but also provided insightful reasons behind the anticipated listing.
The platform outlined several compelling reasons behind their prediction for BONE’s listing on Coinbase. Firstly, BONE serves as the utility token for Shibarium, Shiba Inu’s Layer-2 project built on the Ethereum ecosystem. Its multifaceted role within Shibarium, facilitating governance, mining, and staking functionalities, positions BONE as a cornerstone asset within the platform’s infrastructure.
Moreover, BONE’s integration with D3 Global, a reputable DNS domain provider, adds further weight to its potential listing on Coinbase. The recent expansion of payment options to include Shiba Inu and BONE underscores the token’s growing real-world utility and adoption, potentially increasing its appeal to major exchanges like Coinbase.
The exponential growth of the Shibarium network serves as another compelling factor driving speculation around BONE’s Coinbase listing. With an impressive surge in active accounts surpassing 25,800 and a staggering 128.46% increase in transactions, Shibarium’s expanding user base generates substantial demand for BONE as users utilize it to pay gas fees, reinforcing its value proposition to potential exchange platforms.
Furthermore, the fervent demand for a Coinbase listing within the Shiba Inu community cannot be overlooked. As anticipation mounts for fresh growth opportunities and increased market exposure, the community’s vocal support for BONE’s listing on Coinbase adds further momentum to the speculation.
Coinpedia Markets’ double forecast about BONE suggested that the crypto asset could witness a substantial surge in demand and market value, driven by potential listings on major cryptocurrency exchange platforms. If proven accurate, this projection could mark a pivotal moment for BONE, propelling it into the spotlight as a key player within the crypto ecosystem.
With Coinbase’s reputation as a heavyweight in the crypto exchange realm, its potential embrace of BONE could signify a milestone for the token and the broader Shiba Inu ecosystem.
